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real estate advice: Friends Don't Advise Friends About Real Estate - 02/17/09 09:54 PM
You Love Them... They Love You... But...
HOME SELLERS:
Those loving friends of yours are shaking their heads and saying that your listing price is too low... the commission you're offering is too high... and you chose the wrong agent. You believe those friends mean only the best for you, and that's why you rely upon them even though they have no professional expertise in real estate. Of course, they'll quickly tell you they have all the right answers (from reading the Washington Post and watching CNN):
Raise the price of your home - Quick, before someone makes an offer. Drop … (87 comments)
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real estate advice: Crownsville MD Real Estate - Market Report June 2007 - 07/15/07 08:07 AM
CROWNSVILLE MD 21032
Crownsville home owners will be glad to see better news for June than we saw for May... Five Crownsville homeowners did sell their homes in June at an average sale price of $749,343 - UP 49% from the Average Sold Price (and up 65.89% average Median Sold Price) in the same zipcode in June 2006. Another six homeowners accepted contingent contracts, i.e. the buyer has to sell their home in another area. That's eleven serious homebuyers ready to purchase a Crownsville home in one month, compared to just six in May. Things are looking up!
Let's look at the real estate sales statistics published … (0 comments)
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real estate advice: I'm a 5-house girl! - 07/14/07 08:43 PM
FIVE is the magic number in my book!
Five houses before lunch... Five houses after lunch... Five houses a day... Five different areas... Five homes in a particular neighborhood... Five houses in any combination, but ONLY FIVE at one time. That's my limit, and I'm sticking to it because I'm a 5-house girl!
Except, of course, when buyers arrive for their appointment with a long list of homes they found on the Internet, and they refuse to eliminate any without seeing them in person. Or when they're relocating, and they want to see the entire D.C.-Baltimore-Annapolis region before they even decide on a community, let alone a house. Or when I just … (19 comments)
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real estate advice: Davidsonville MD Real Estate - Market Report for June 2007 - 07/10/07 04:32 PM
DAVIDSONVILLE MD 21035
Davidsonville fared better than most zipcodes in the area last month, with ten new listings and six new sales. In spite of the higher price ranges in Davidsonville, there was only one contingent contract accepted. Yes, the inventory is growing, but the rate is much lower than surrounding zipcodes where new listings outnumber sales 3 to 1. Right now, there are only 60 properties on the market in Davidsonville, ranging from $349,900 to $2,650,000.
MRIS released their statistics today, comparing June 2007 to June 2006:
Unlike other zipcodes in the area, "Average Days on Market" have barely increased in Davidsonville, … (0 comments)
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real estate advice: Odenton Maryland Real Estate - Market Study for June 2007 - 07/10/07 03:25 PM
ODENTON MD 21113
The effects of BRAC are not being felt yet in Odenton (21113) - which kinda surprises me, given its proximity to Ft. Meade and the NSA. I expected savvy investors to start buying up property in Odenton long before now - and certainly now that the market has levelled off a bit.
According to June sales statistics released today by MRIS, the real estate market for Odenton (21113) remained relatively stable last month, consistent with the immediate surrounding area.
As I have mentioned in previous posts, the ratio of new listings and new sales is something I look for each month. In June … (0 comments)
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real estate advice: Advice to New Maryland Real Estate Agents - 07/01/07 09:12 AM
WELCOME TO THE DANCE!
I encourage all new agents to bring your enthusiasm and new ideas to the world of real estate, while you learn some of the basic steps. As we all know too well, real estate licensing classes don't really provide the day to day "how to's" that mean the difference between success and failure in this business. So here are a few practical suggestions from an old pro:
1. Preview, preview, preview. Any day that you don't have a live warm-bodied client to work with, preview properties on the market. This will help you develop a comfort level with what's available at what price. … (43 comments)
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Margaret Woda, Maryland Real Estate & Military Relocation Services
Crofton,
MD
More about me…
Long & Foster Real Estate, Inc., Crofton, MD
Address: 2191 Defense Hwy., #120, Crofton, Bowie, and Davidsonville, MD, 21114
Office Phone: (410) 721-1500
Cell Phone: (301) 346-2923
Email Me
Real Estate and community information for homebuyers, sellers, and rookie agents in Bowie, Crofton, Crownsville, Davidsonville, Fort Meade, Gambrills, Odenton, Millersville, and the U.S. Naval Academy in Annapolis. Proven systems - combining local expertise, professional experience, and technology - to give you a competitive edge when you buy or sell a home.
Margaret Woda
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